Public Finance There are several main types of fiscal policy

Updated on Financial 2024-02-27
9 answers
  1. Anonymous users2024-02-06

    Definition: A choice made about the level of spending, taxation and borrowing, or a decision on the level of income and expenditure, in order to promote a high level of employment, mitigate economic fluctuations, prevent inflation, and achieve stable growth.

    Scope: Income and expenses. Revenues include taxes, public debt: Expenditures include purchases and transfers.

    Classification: Contractionary fiscal policy and expansionary fiscal policy.

    Good luck.

  2. Anonymous users2024-02-05

    Fiscal policy refers to the guiding principle of fiscal work that is finalized by the state in accordance with the tasks of political, economic, and social development in a certain period.

    Let's look at the link for details.

  3. Anonymous users2024-02-04

    Fiscal policy.

    It is one of the main policies of the state to intervene in the economy. The general definition of fiscal policy is: the choices made about the level of spending, taxation and borrowing, or the level of income and expenditure, in order to promote higher levels of employment, mitigate economic fluctuations, prevent inflation, and achieve stable economic growth.

  4. Anonymous users2024-02-03

    Answer: 1. Public finance refers to the economic behavior of providing public goods and services under the conditions of market economy, as a social and economic manager, in order to make up for market failures.

    1) Public finance is the finance that compensates for market failures.

    2) Public finance is finance that provides fair services to market activities.

    3) Public finance is a kind of non-market profit-making finance.

    4) Public finance is financed by the rule of law.

  5. Anonymous users2024-02-02

    1. To promote the public interests of the vast majority of members of society;

    2. To provide public goods and services and meet the public needs of the society as the goal;

    3. Implement democratic decision-making to the greatest extent;

    4. Fully accept democratic supervision.

  6. Anonymous users2024-02-01

    Public finance refers to the distribution activities or economic behaviors in which the state (**) concentrates a part of social resources to provide public goods and services for the market and meet the public needs of the society. Public finance is a form of finance that is compatible with the modern market economy. The basic characteristics are as follows:

    1.Public finance is the finance that compensates for market failures.

    2.Public finance is finance that provides a fair service to market activities.

    3.Public finance is a type of finance that is not market-for-profit. The embodiment of the non-profit characteristics of public finance, from the perspective of fiscal revenue, ** mainly relies on non-profit tax means to obtain income; From the perspective of fiscal expenditure, the financial funds are mainly used for non-profit social and public needs.

    4.Public finance is financed by the rule of law. The budget is reviewed and approved by the state power organs and has legal effect, and the income and expenditure must be arranged in accordance with the law in accordance with the ** budget approved by the state power organs.

    The financial operation mechanism should be based on the rule of law.

  7. Anonymous users2024-01-31

    1. The concept of public finance:

    Public finance refers to the distribution activities or economic behaviors in which the state (**) concentrates a part of social resources to provide public goods and services for the market and meet the public needs of the society. It is a relatively common financial model that meets the objective requirements of the development of the market economy. This kind of fiscal model that defines the scope of fiscal functions in order to meet the needs of the society and public, and uses this to build a first-class fiscal revenue and expenditure system, is theoretically called"Public Finance"。

    Second, the basic characteristics of public finance.

    1. To promote the public interests of the vast majority of members of society;

    2. To provide public goods and services and meet the public needs of the society as the goal;

    3. Implement democratic decision-making to the greatest extent;

    4. Fully accept democratic supervision.

    3. The essence of public finance:

    Public finance is a relatively common financial model that meets the objective requirements of the development of the market economy. Professor An Tifu of the Chinese People's University believes that "public finance is finance, and finance has always been state (or) finance", "public finance belongs to the public economy and is its core content", "public finance is essentially market economy finance".

    The principle of fiscal finance under the market economy system is different from that of state finance under the planned economic system.

  8. Anonymous users2024-01-30

    The characteristics of public finance are as follows:

    To promote the public interest of the vast majority of members of society; To provide public goods and services to meet the public needs of the society as the goal; maximizing democratic decision-making; Fully accept democratic supervision.

  9. Anonymous users2024-01-29

    The basic characteristics of public finance are as follows:1. Publicity:That is, public finance focuses on meeting the public needs of society.

    The functional scope of public finance is defined in terms of meeting the public needs of society.

    2. Non-profit:Under the conditions of market economy, as a social management fighter, it can only pursue public interests as its own responsibility. Its duty can only be to provide the necessary institutional guarantee and material foundation for the orderly operation of the market through activities that meet the public needs of the society, and its basic starting point or end result is still to meet the public needs of the society, not to make profits.

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